[Edit: I forgot to mention that] One of the best examples of that is the Racket conspiracy: http://racket-lang.org/common-plt-app.html
I have my own favorite version of the joke ("Graduate school: Not just a job, it's an indenture!"), but the idea is pretty offensive and isn't especially relevant to anything I've seen.
[And yes, I'm sure I'm a great disappointment to Mohamed.]
I don't have any experience with fields that require a large laboratory of techs to get anything done, though. If you are in biology, physics, chemistry, or what-not, your mileage may vary.